Economy Paid
An interest rate hike of less than 75 bp may negatively affect złoty - Ebury
17:53
The Monetary Policy Council on Thursday's meeting will decide on an interest rate and is likely to increase it for the tenth time in a row since October 2021. Ebury analysts say that a rate hike of less than 75 basis points may negatively affect złoty.
The key argument for the continuation of interest rate increases in Poland is the persistently rising inflation. The preliminary reading showed that CPI inflation reached 15.6% in June, the highest since 1996.
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